Resolute Capital LLC Makes New $44.38 Million Investment in Vanguard S&P 500 ETF $VOO

Resolute Capital LLC purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 70,760 shares of the company’s stock, valued at approximately $44,376,000. Vanguard S&P 500 ETF makes up approximately 18.5% of Resolute Capital LLC’s portfolio, making the stock its biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. acquired a new stake in Vanguard S&P 500 ETF in the fourth quarter worth about $26,000. Camelot Portfolios LLC purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $27,000. United Community Bank purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth about $27,000. Clear Investment Research LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $28,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $29,000.

More Vanguard S&P 500 ETF News

Here are the key news stories impacting Vanguard S&P 500 ETF this week:

• Positive Sentiment: The S&P 500 extended its winning streak and the Dow also joined the record run, a supportive backdrop for Vanguard S&P 500 ETF (VOO) since it tracks the index. Article Title
• Positive Sentiment: Stocks moved higher on reports of a possible U.S.-Iran ceasefire extension and negotiations, which boosted risk appetite and pushed the S&P 500 to fresh highs. Article Title
• Positive Sentiment: VOO is nearing a historic $1 trillion in assets under management, underscoring strong investor demand for low-cost U.S. equity exposure. Article Title
• Neutral Sentiment: Market coverage noted that the ETF was edging higher in pre-market trading as investors watched inflation data and other macro signals that could influence the Fed outlook. Article Title
• Negative Sentiment: Some commentary warned that cracks may be forming in the bull market and that the market is trading at record highs, which could temper enthusiasm for VOO despite the uptrend. Article Title
• Negative Sentiment: Michael Burry’s latest warning that the market may be nearing a top adds a cautionary tone for index funds tied to the S&P 500. Article Title

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $695.49 on Monday. Vanguard S&P 500 ETF has a 52-week low of $536.16 and a 52-week high of $697.00. The stock has a market cap of $950.94 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The business has a 50-day moving average price of $646.37 and a 200-day moving average price of $634.43.

Vanguard S&P 500 ETF Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.